Analyst, Revenue Management - Inventory

FUNCTION: This position is responsible for managing the company’s seat inventory and pricing across its network for optimal revenue generation.  This position reports to the Manager, Revenue Management – Inventory Optimization.

DUTIES AND RESPONSIBILITIES:

• Implement Porter’s seat inventory management strategy and tactics for assigned markets and align day to day inventory controls on the basis of the adopted strategy 

• Analyze passenger demand using the RMS and other tools in order to determine and implement optimal seat inventory allocation strategy

• Perform reporting and detailed analysis of KPIs, track performance versus goals, find revenue opportunities to close revenue leakage holes

• Identify yield maximization opportunities and recalibrate the RM System to achieve best possible results 

• Monitor and analyze competitor fare initiatives and day-to-day pricing/seat inventory adjustments to ensure competitiveness.

• Liaise with internal group department to ensure support is provided when required on a timely manner

• Support all commercial and/or applicable operational initiatives to successful completion

• Ensure data and revenue integrity are paramount in all day-to-day processes, databases and dashboards.

• Active participation in Porter’s Safety Management System (SMS) including, reporting hazards and incidents encountered in daily operation; understand comply and promote the Company Safety Policy

• Ensure Company Values are ingrained in day-to-day operations

• Other duties as assigned
  
  

BEHAVIOURAL COMPETENCIES:

• Concern for Safety: Identifying hazardous or potentially hazardous situations and taking appropriate action to maintain a safe environment for self and others.

• Teamwork: Working collaboratively with others to achieve organizational goals.

• Passenger/Customer Service: Providing service excellence to internal and/or external customers (passengers).

• Initiative: Dealing with situations and issues proactively and persistently, seizing opportunities that arise.

• Results Focus: Focusing efforts on achieving high quality results consistent with the organization’s standards.

• Fostering Communication: Listening and communicating openly, honestly, and respectfully with different audiences, promoting dialogue and building consensus.

• Exemplifying Integrity: Treating others fairly, honestly, and respectfully, furthering the integrity of the organization and its relationships of trust with team members and the broader community.

• Leading Change: Recognizing the need for change, being open to new ideas and methods, and championing transformational change within the organization and beyond.

QUALIFICATIONS:

• University degree with a focus in Business, Economics, Marketing, Finance, Network Planning, Strategic Planning, Operational Research, Mathematics or Engineering is required. MBA or M.Sc in the above fields is a plus

• Previous airline pricing and revenue management experience is an asset.

• Experience/general knowledge of Revenue Management Systems, Network Planning, Distribution, Interline Partnerships or Loyalty Analytics is an asset. 

• Understanding of Connecting, direct and nonstop traffic type and they impact on revenue performances is an asset

• Working knowledge of industry revenue management systems is a plus

• Familiarity with GDS systems, Navitaire and ATPCO is an asset

• Advanced proficiency in MS Office (focus on Excel) is mandatory 

• Knowledge of VBA is an asset

• Proficiency with database management tools ( like SQL etc) is an asset 

• Familiarity with data modeling tools (PowerQuery, Tableau etc..) is an asset 

• Strong quantitative and analytical skills

• Strong organizational skills with demonstrated ability to meet deadlines in high pressure environment

• Independently performs analysis aimed to suggest problems solution or the optimization of revenue opportunities

• Ability to work remotely in an efficient environment

• Mandatory COVID-19 Vaccination

LOCATION: Toronto (250 Yonge Street)

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